The Niche Think Tank » Blog Mastermind

Compounding Online Income Streams and December’s Income Report

Larry C. — Mon, 18 Jan 2010 06:07:15 +0000

Compounding Little Income Streams to make Bigger Income Streams.

I’d like to go over Decembers earnings and how Compounding Little Online Income Streams can help to form Bigger Streams of Income. This post is meant to encourage those having a hard time with making money online, by seeing how it’s working for me. Decembers income report is much better than the last one I put up, about $450.00 better than the last one. The last one was around $800.00.

Decembers Report.

So far the figures from December of 2009, which total $1,294.78, are as follows:

Dating Site I Run – $338.89

TLA(Text Link Ads) – $52.19

Direct Advertising on my www.RockabillyLifestyle.com website – $250.00

Photography Sales (I’m a photographer too) – $150.00

Various Affiliate Sales – $173.70

Contextual Ad Placement on 5 sites – $330.00

Again the total of all these is $1,294.78 which is pretty darn cool if you ask me, it’s gone up about $400 since my last earnings report, that I actually took down a while ago.

Compounding effects of little income streams.

In Yaro Starak’s Blog Mastermind Program, which I am enrolled in, he talks about compounding: “The traffic secret that every blogger knows is the power of compounding.” I am now seeing the effects of compounding this month and I’ve only been doing this for about 7 months now. I think Iam doing pretty good considering I have been totally flaking on a couple of my blogs. I have several blogs I run, most of which are hobby related and stuff I am very interested in. I know some people do blogs on topics they could care less about, but I just can’t do that. I have to have a passion in order to write about something, otherwise people will see right through me and know it’s fake.

So above I have 6 different little income streams. Each one alone, is not much money, however the effect and power of all of them together is worth $1,294.78 per month to me. That’s most of my rent payment right there. In today’s economy my day job is going downhill. I am an IT consultant and I manage 6 different companies networks and computer systems. Several of those companies are in debt to me by 3+ months, and I haven’t been paid in those 3 months by them. That’s several thousand dollars that I am out each month and needed to supplement that somehow.

Where and How I started.

I got my start accidentally through Ebay. I sell Hellraiser Puzzle Boxes on Ebay and I was also interested in Costume and Vintage Jewelry. I educated myself on the jewelry and I make and sell the puzzle boxes on Ebay. I realized when things weren’t selling that well on Ebay lately, that somethign was terribly wrong. That’s about when I realized the economy was going downhill fast and I needed to find a way to supplement.

Looking for an alternative.

I started looking around, bought a couple things, several bottles of Snake Oil as I was still learning what’s legitimate out there and whats not, and that’s when I stumbled upon Blog Mastermind, For Desperate Buyers Only, Niche Profit Classroom and Confessions of a Lazy Super Affiliate by Chris Rempel. I also stumbled upon 31 days to Build a Better Blog which is the best 19.95 I’ve spent on a product in a long time. If you want to learn about blogging and making an income, I suggest reading that. If you’ve got $97.00 a month you can spare for 6 months, then I Highly Suggest Signing Up for Yaro’s Blog Mastermind. That is a COMPLETE course in and of itself and I highly recommend it. If you don’t know anything at all about Blogging, what it is and isn’t, then I would suggest checking into Yaros “Become a Blogger Course”. This will teach you what is blogging, how to set it up completely and how to star blogging and make your first money, even if you have NO CLUE about blogging.

Optimizing what I already had going.

I had been running a dating service for people with a certain health issue for 13 years, when I started blog mastermind. I was making some money with it monthly, but not as much as I am starting to make now. In the blog mastermind forums you will meet all kinds of people willing to help you out for free. They are all in there for several reasons, to make money, to learn more about making money online, and helping others make money online too.

I found a few people who helped me to look at my dating site, optimize the keywords to pull in more traffic and helped to optimize the contextual advertising on the site to bring in more money from that as well. This was about 4 months ago and I posted about the site and my findings. It’s been 4 months now and the income from the site keeps going up a little bit each months, as does the income streams from my other little streams.

The Most Supremely Ultimate Important thing.

The most supremely important thing I’ve found about all this making money online stuff is being consistent. Through consistency we built discipline, and through discipline we are able to push through the times when we feel like giving up, and putting the blog down. I hit a little bt of burnout a few Weeks or months ago, as I have been doing this on several blogs for a little while now. Through consistency I have been building traffic which is the other most important thing about making money online. Traffic Traffic Traffic. Without it you have NOTHING. It is where all sales are generated and where all word of mouth comes from and all incoming links come from. If you don’t believe me, try selling something to nobody. Then you will understand the importance of Traffic! That and good content.

Enjoy your week!

Larry

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I lied, I’m not as good as I thought, learning to blog…

Larry C. — Wed, 25 Nov 2009 00:32:59 +0000

Question Authority

I’m not THE guru, eating my words.

When I started this blog I was all set and ready to make money blogging, take on the world and show everyone how it was done. Well I got my words handed back to me and I am humbly asking for what little audience I have to forgive me.

I really didn’t know what I was talking about and for the most part I don’t know as much as I thought I did.

I was going to do this blog on Niche Marketing and tell you how you can make tons of money effortlessly with Niche Marketing, but the fact is, the way I was doing niche marketing was rather boring. So I make a niche site, I put an ebook on it and sell it. Oh Boy, how exciting and how many times can I talk about that? Once, maybe twice then its dead.

I make money with a few dating sites and Google AdSense. I just started blogging, and I just started to do niche sites and selling ebooks. I have made money on the ‘net before and I thought I knew everything there was to know about making money on the ‘net, but boy did I find out just how wrong I was. And for that I apologize.

Blog Profits Blueprint, learning how to blog.

So I started this course on blogging and learning how to make money blogging, or rather how to make a full time living blogging, and blogging when I want, not blogging everyday, all day long. The place I am learning this is Blog Mastermind, which is headed and built by Yaro Starak. From his site alone I have learned an incredible amount of information and technique. I have also started blogging on topics that I am comfortable with like my Hollywood Glamour Photography and Pinup Photography at Darkmans Darkroom, instead of trying to teach people how to make money on line which I know very little about. At least I realize this now.

Lazy Super Affiliate, Desperate Buyers Only and Niche Profit Classroom Reviews.

I have in my sidebar some links to techniques and methods for making money online. These methods include Affiliate stuff, Desperate Buyers Only, and Niche Profit Classroom, these are all good techniques and ways to make decent money online. I have bought these programs and used them all. I promote them because I have used them, I like them and I continue to use them, so again, I promote them. So if you want to know what I think about making money online with these programs, I highly recommend the ones I am promoting. Otherwise if they didn’t work, I wouldn’t promote them because I only promote that which I believe in.

Choir Lessons, instead of preaching to the choir.

So now my blog is shifting focus. Instead of me trying to teach you something I really don’t know much about, I am going to document what I am learning. I am doing this so others who read my blog can learn how to do it too, and learn from my mistakes and successes.

So far I have been enrolled in the Blog Mastermind course for 3 months now and I have actually started to make some small change. Not huge amounts of money but enough to help pay a few bills. Not all of it is from blogging but from some of the techniques I have learned through Blog Mastermind on building traffic. If you want to know the secret to all of these things, it’s traffic. If you have traffic, the sales and money will follow. This is one big thing I have learned from my studies so far, but it’s not the only thing.

First Good Money, aside from Google.

I have made money with Google and still do on my dating sites and other sites, but I have other websites that have traffic and I want to monetize them as well. I was hearing everyone talk about Text-Link-Ads. Since I had Google AdSense on some of these sites already, I wanted another way to monetize the sites and the one tool that I really like is Text-Link-Ads. They didn’t take all the sites I had, usually the sites with a good bit of traffic that had some back links, but the money I got from them for the Text-Link-Ads on those sites is nice!

I started in August 2009, and my first month payout was about $5, September was about $20, October was about $32 and November is about $56 and still going up, and this is from just one site. It depends on the number of links that sell and are placed on your site and each month my pay would go up because more links sold and that means more money. I still have link space on my sites that have the Text-Link-Ads on them, so I am not up to capacity yet on any of my sites. So that means I have more potential for more money on each site. I really like the Text-Link-Ads system because I do Nothing at all. They do all the work and I just collect the money, just like the banner says, “Earn while Snoring”. See my sidebar for that banner.

The big payoff, actually smaller ones adding up.

So this month will be about a $56 payout from Text-Link-Ads, and that’s from just one site. That’s $56 I didn’t have before, right? That’s a tank of gas, or a bill paid or whatever, but it’s cold hard cash! And that’s what I like right now. This economy has really screwed things up for me and my IT business, and I was getting desperate for a while. I mean really desperate. So I turned to the Internet to try to make some extra money and that’s how I stumbled upon those things in my sidebar, and the Blog Mastermind course, which has helped me immensely.

So I may not be making huge amounts of money, like huge payouts, but I am making a few smaller ones, and those add up really fast. My Google AdSense stuff, while Google prohibits me from telling how much I make, I’ll just say that I have several bills that are due at the beginning of each month that total around 300$ together. My AdSense payout takes care of those 3 bills and then I have some left over for what ever other bills I decide to put it towards.

So with Google AdSense, the Text-Link-Ads and membership fee’s from my dating sites are starting to add up quickly to pay for a good chunk of my monthly expenses. I have several other little things happening too, affiliate sales. On one of my dating sites I have an eBook download that is a sales product from Clickbank. It’s a product on dating and dating psychology and he last time I checked I had a few sales of that product which is adding up for yet another bill here or there.

Makeup… a line…

On my photography site I have affiliate banners for a makeup company called E.L.F. E.L.F. sells really cheap makeup but it’s good makeup. Since I use makeup artists on my various photo shoots, they all use makeup, and makeup is not cheap, usually. With E.L.F. Cosmetics it’s very affordable, especially if you are doing a lot of photo shoots and going through a lot of makeup. People who find my site or makeup artists looking at my site and my photography see the links and banners to E.L.F. Makeup, click on them and investigate. They see how affordable the makeup is and they buy right then and there.

Many times I get traffic from search engines, where my posts are indexed, from people searching for affordable makeup. They are searching for “really cheap makeup”, they find my posts, click on them, see the low makeup prices and buy. I in turn get a commission from that since I am an affiliate. This too I have learned from the Blog Mastermind course I am enrolled in.

Knowledge is Power.

There is a wealth of knowledge that Yaro Starak is imparting at the Blog Mastermind site and I am realizing I didn’t really know as much as I thought. This is OK, because I am open minded to the idea that I may not know as much as I thought, so it makes me teachable. Therefore I learn, and you shall too, if you follow me on my adventures in blogging in the blogosphere.

If you are interested in learning how to blog, become a blogger or learn to be a better blogger, please feel free to check out the licks in this post or the little square ads over there —> in my sidebar, you’ll be glad you did, I guarantee it.

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Compounding Online Income Streams and December’s Income Report

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